Category: transactions

A group of four banks have successfully issued a promissory note — a type of legally binding loan agreement — through a new blockchain platform, a news release on May 21 announced. The financial institutions used finledger to complete the transaction. According to Helaba, one of the banks involved, the platform reduces the […]

The team behind a private digital currency for secure payments says its goal is to make every consumer their own bank — enabling them to send and receive crypto with the gadget of their choice. Xeonbit says its peer-to-peer technology ensures that every user’s accounts and transactions are “out of […]

International electrical engineering company ABB has rolled out a blockchain pilot to explore how the technology could promote the role of solar energy in peer-to-peer (p2p) energy trading, technology-focused media outlet PV Tech reported on May 16. To implement the project, ABB collaborated with Italian energy aggregator Evolvere to deploy […]

The Stellar Lumens Network came to a grinding halt after network validators were unable to reach consensus. The Stellar Development Foundation revealed the measures they will take to reduce such downtime in a blog post, May 17, 2019. Stellar Network Went Down for an Hour On May 15, 2019, the […]

Emin Gun Sirer, a professor at Cornell University and a major global blockchain expert, will launch his own cryptocurrency and blockchain network, Bloomberg reported on May 16. Sirer, the creator of the first crypto based on proof-of-work (PoW) — Karma System — is now planning to launch a blockchain network […]

A “next-generation” mobile payment platform has unveiled two products that are designed to help users smartly manage money matters and enjoy “greater financial empowerment.” Crypto.com’s first new offering, Crypto Earn, gives the public “the freedom to grow their assets.” Available through the platform’s flagship app, the service allows users to […]

Blockchain network Stellar (XLM) stopped confirming transactions for two hours on May 15, executives confirmed following a user post on social media. Stellar, whose lumens token is currently the eighth-largest cryptocurrency by market cap, went down entirely for around 110 minutes Wednesday. The cause, it appears, was a mass offlining […]

In the course of a planned hard fork update, the bitcoin cash (BCH) network experienced difficulties processing transactions, cryptocurrency exchange BitMEX tweeted on May 15. Following the expected fork at block 582,680, the network purportedly began to experience issues with transactions. BitMEX said that the number of transactions per block […]

Fundamental analysis examines various factors underlying the value of cyptoasset. Fundamental analysis seeks to know whether a cryptoasset is undervalued or overvalued. In traditional securities analysis that would include financial factors such as cash flow, but in crypto we would look at different factors intrinsic to these types of technologies. […]

Bitcoin’s recent gains of around 25 percent in the last week or so has not only been good for traders and hodlers, but also miners who have managed to cash in on a boost in the fees paid to them. Miners that were confirming Bitcoin transaction saw a huge boost […]